National Human Experimentation Standards Board Act

[AI summary unavailable — showing source text] National Human Experimentation Standards Board Act - Creates a five member National Human Experimentation Standards Board. Grants the Board various administrative powers. Declares it to be the function of the Board to develop guidelines and to issue regulations, in accordance with the provisions of the Administrative Procedures Act, for the conduct of biomedical and behavioral research involving human subjects. Directs the Board to adopt specific and detailed guidelines to insure that: (1) true informed consent is obtained from the subject of each experiment; (2) each experiment shall make provisions for the compensation of victims of experiments that do not comply with the guidelines and regulations issued by the Board; and (3) any research project may be terminated, upon notice and hearing, for a violation of the guidelines and regulations of the Board. Requires the Board to make a full and complete study of the practice of psychosurgery to determine its medical reliability, and under what, if any, conditions it should be permitted to be performed. Requires the Board to transmit a report of such study to Congress within two years of the passage date of this Act. Authorizes the Bo…